Inner city property financier, TUHF Limited, launched two new offices in Cape Town and Bloemfontein on 29 February and 3 March respectively.
TUHF, pronounced “tough” is no stranger to South Africa’s inner cities, with over 13 years of operating and established offices in Johannesburg, Durban and Port Elizabeth, specialising in providing finance to property entrepreneurs focused on buying and refurbishing buildings in the inner city to create decent and affordable rental accommodation.“We see immense potential in the inner city areas of Cape Town, specifically Salt River, Observatory and along the Voortrekker Corridor in Cape Town,” said Paul Jackson, CEO of TUHF Limited. “In Bloemfontein our focus is on financing property entrepreneurs in Bloemfontein Central and the CBD as well as Buitesig, Navalsig, Hilton, Hamilton and Oranjesig.”
TUHF, pronounced “tough” is no stranger to South Africa’s inner cities, with over 13 years of operating and established offices in Johannesburg, Durban and Port Elizabeth, specialising in providing finance to property entrepreneurs focused on buying and refurbishing buildings in the inner city to create decent and affordable rental accommodation.
“At TUHF, we are passionate about spotting and unearthing potential. In declining areas, we see thriving property markets. In run-down buildings, we see the potential for families to live in a safe and secure environment. In people, we see the entrepreneurial capability to create well-run businesses, providing employment and multiplying our economy,” said Sarah Webb, Mortgage Manager and TUHF’s Regional Manager for the Western Cape and Free State.
Jackson said in 13 years, they have financed over R4 billion in inner city residential rental property and currently their loan book holds over 22 000 residential units. “This is not to mention the hundreds of successful property entrepreneurs who are now running sustainable residential rental businesses, providing affordable and decent living spaces in our inner cities.
“We want to thank all our guests that attended the launch and look forward to continuing success in helping entrepreneurs and regenerating run-down areas in Cape Town and Bloemfontein,” said Jackson.
For more information, visit TUHF’s website www.tuhf.co.za.
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